Spa towns are proving popular

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Spa towns are proving popular

Property prices in Britain's spa towns are higher than the regional average in all instances according to new research undertaken by Halifax Estate Agents.

Of the 18 spa towns in the UK, 16 of these have been found to have larger than average properties and a lower level of traffic was discovered in 15 of the 16 spa towns that are situated in a local authority area.

Epsom and Tunbridge Wells have been found to be the two most expensive spa towns with average house prices of £297,354 and £279,978 respectively.

Colin Kemp, managing director at Halifax Estate Agents, remarked: "Spa towns are clearly popular with homes buyers with their house prices usually trading at a premium to nearby towns. The ten best performing spa towns since 2001 are all outside the south of England with Welsh spa towns seeing keen interest.

"The average house price in Builth Wells in Powys, the best performing spa town, has risen by nearly 150 per cent over the past five years."

Halifax offers a step by step online guide for first-time buyers on its website, designed to reduce the jargon and provide sound advice from finding a conveyancer to working out stamp duty tax.

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